Indiana § 7.1-3-25-12 Arbitration costs; decision of arbitrator binding

Indiana Statutes

§ 7.1-3-25-12 — Arbitration costs; decision of arbitrator binding

Indiana·Art. 3 PERMITS·Ch. 25 Product Transfer Between Wholesalers

(a)The cost of the arbitrator and any other direct costs of the arbitration shall be equally divided by the parties engaged in the arbitration. All other costs shall be paid by the party incurring them.

(b)The arbitrator shall render a decision not later than thirty (30) days after the conclusion of the arbitration unless this time period is extended by mutual agreement of the parties or by the arbitrator. The decision of the arbitration is final and binding on the parties. Under no circumstances may the parties appeal the decision of the arbitrator.

(c)A party who fails to participate in the arbitration hearings waives all rights the party would have had in the arbitration and is considered to have consented to the determination of the arbitrator.

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(a) The cost of the arbitrator and any other
direct costs of the arbitration shall be equally divided by the parties
engaged in the arbitration. All other costs shall be paid by the party
incurring them.
(b) The arbitrator shall render a decision not later than thirty (30)
days after the conclusion of the arbitration unless this time period is
extended by mutual agreement of the parties or by the arbitrator. The
decision of the arbitration is final and binding on the parties. Under no
circumstances may the parties appeal the decision of the arbitrator.
(c) A party who fails to participate in the arbitration hearings waives
all rights the party would have had in the arbitration and is considered
to have consented to the determination of the arbitrator.

Indiana § 7.1-3-25-12 (Arbitration costs; decision of arbitrator binding) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.